CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.015%

Price spread now: Nado against gTrade (Gains Network)+0.509%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Nado

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.509% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.509% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	92.723	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	20m 20s	$5K	—	150x
Short	Nado WTI-PERP	93.195	−0.0120	pay 0.0015% / 1h	20m 20s	$964K	$630K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee NadobpOrdersPrice spread, now +0.509%Rate

Funding earned: −$25.13
Price spread: +0.509% → 0.000%: $50.86
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $10.73
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Nado live order book, 33 min ago	0.05 bp	3.6 bp −$4	7.5 bp −$75	27.9 bp −$2,793	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0608%	1h	93.120	+0.428%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0308%	4h	93.140	+0.450%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0277%	4h	93.180	+0.493%	$24.2M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0182%	4h	93.150	+0.461%	$245.9M	$940.2M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	+0.427%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0132%	1h	93.120	+0.428%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.149	+0.459%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0123%	1h	93.157	+0.469%	$2K	$27K	5x	as long as short
Nado WTI-PERPshort	−0.0120%	1h	93.195	+0.509%	$964K	$630K	10x
Gate CL_USDT	−0.0066%	8h	93.100	+0.407%	$21.3M	$51.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.159	+0.470%	$280K	$957K	25x	as long as short
OKX CL-USDT-SWAP	−0.0058%	4h	93.140	+0.450%	$42.6M	$102.8M	50x	as long as short
tradeXYZ xyz:CL	−0.0052%	1h	93.162	+0.473%	$184.4M	$217.6M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	+0.471%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.140	+0.450%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0026%	8h	93.127	+0.435%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0025%	4h	93.174	+0.486%	$524K	$306K	30x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.210	+0.525%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.173	+0.485%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.151	+0.462%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.213	+0.528%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.156	+0.467%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	92.723	long leg	$5K	—	150x
KuCoin CLUSDTM	+0.0002%	4h	93.157	+0.468%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0008%	1h	93.154	+0.465%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0016%	1h	93.210	+0.525%	$2.0M	$18.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.120	+0.428%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.180	+0.493%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.155	+0.466%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.153	+0.464%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.133	+0.442%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	+0.482%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.118	+0.426%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0184%	4h	93.110	+0.417%	$4.0M	$999K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.51	+10.555%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0223% / S −0.0150%	1h	93.155	+0.466%	$81K	—	111x	as long as short